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Topic	Do you boycott any companies?
KingButz 07/17/18 3:01:01 PM #57:	foolm0r0n posted... pxlated posted... ...what If you re-invest your revenue in costs then it is deductible from your taxable income. Amazon re-invests all their revenue so they are at $0 or negative profit. To put that in other terms, amazon uses their net revenue to do things like buy Whole Foods, issue company stock, or pay down corporate debt. So at the end of the year they haven't actually made any money. edit: I should add that we are taking about federal corporate income tax. They've been paying state sales tax for a while now --- no <cite>KingButz posted [p:905243321] in Do you boy... [t:76813083]...</cite> <quote><cite>foolm0r0n posted...</cite> <quote> <cite>pxlated posted...</cite> <quote> ...what </quote> If you re-invest your revenue in costs then it is deductible from your taxable income. Amazon re-invests all their revenue so they are at $0 or negative profit.</quote> To put that in other terms, amazon uses their net revenue to do things like buy Whole Foods, issue company stock, or pay down corporate debt. So at the end of the year they haven't actually made any money. edit: I should add that we are taking about federal corporate income tax. They've been paying state sales tax for a while now --- no</quote> ... Copied to Clipboard!
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